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Search Results 0 to 49 of about 65 (some duplicates have been removed)
FOX News
Dec 11, 2012 6:00am PST
-wage china when he was on the board of gateway computer. he wants to turn michigan into the same low wage environment we see in china. >> reporter: looking around here live at the scene at the capitol, you have teachers who took the day off from school to demonstrate. you have united auto workers. we saw several big trucks from the teamsters. a lot of people sympathetic to efforts of these workers out here making their voices heard, expressing their discontent with what has happened. governor snyder told me a short time ago this is in response to a ballot initiative you remember failed in november. that was proposition 2. it would have put collective bargaining in the michigan constitution. it would have made it untouchable by any kind of new legislation. that is part of the complaint from the democrats. they say it is politics and retribution. also the complaint you hear from democrats it happened so fast. it happened without the public having time for input. what you see on the lawn is something governor snyder referenced f there wasn't enough time for public input you wouldn't have all
FOX News
Dec 12, 2012 8:00am PST
of course its friend, china is on the security council and has blocked those kind of actions in the past, jenna. jenna: interesting that you mentioned china. is there any indication that the north koreans had help from the outside? any sort of outside country with this launch? >> reporter: well there is no evidence per se but it is widely known that the north koreans could not get the parts for their ballistic missile program without having those parts flown through china, bypassed through china. there also have been reports on the voice of america that an iranian team of scientists have been seen recently, in recent days in north korea. so there is questions about the relationship between, and any help that may have been provided to the north koreans by the iranians. clearly the north koreans are very proud of this long range ballistic missile launch. the one in april failed miserably. and for the first time then they admitted that it did fail publicly. this time they extended the window and did not invite foreign journalists to watch this and simply announced when it was successful. th
CNBC
Dec 10, 2012 9:00am EST
. >> turmoil in italy. berlusconi throws his hat in the ring. retail sales numbers out of china, hoping the economy is in fact on an upswing. >> apple, enthusiasm. jeffreys trimming its price target to 800 from 900, as apple shares do trade lower in the pre-market. we'll start with mcdonald's, posting better than expected november same-store sales, global comps up 2.4. u.s. same-store sales up 2.5, offered by breakfast offerings, including that cheddar/bacon/onion sandwich, as melissa mentioned. jim? people are saying the u.s. maybe is making a turn here. >> i find mcdonald's is levered to new products, levered to menu technology. they do invent things. my hat's off to janet. they had this number last week. reminds people, again, they've been right down, and up. mcdonald's is one of those things where joe asked me from squawk when we were talking, i said, i think this is a for real term. if they continue to innovate. i may this may not be your cup of tea, burger, but innovation s higher. >> they tried to sell it to consumers as opposed to their extra value menu, which is a little bit hi
FOX News
Dec 10, 2012 10:00am PST
the bank of china to finance whatever part of the grant that was given to a123 batteries, we still have to pay that back. the taxpayers are still on the hook for baying back the deaf -- paying back the deficit-spending portion of that money even though it's now long, long gone. megyn: so we borrowed from china so that we could offer stimulus. we gave part of the stimulus to a123. a123 spent $100 million plus of the money, failed to succeed, and now that, those assets are going to china too. >> well, when you say it that way, megyn, you make it sound like it's not very much fun, i mean, my gosh. [laughter] megyn: china makes out well in this deal. i don't know about the american taxpayer though. >> they're doing pretty well in all of this. and the problem for the president today is his whole idea is i'm going to go to detroit and talk about how my economic strategy is working and that what we need to do is increase taxes on the top earners so that we can take that money and stimulate the economy. and as he says, invest in the middle class. and as he says, keep the tax rates down for thos
CNBC
Dec 11, 2012 4:00am EST
.s. in general is looking positive. and the u.s. is creating a lot more jobs. china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but they seem to be inwardly focused now by being a triangle of china, india, indonesia. we're not seeing a great benefit into europe as we did before. for instance, germany is looking pretty pessimistic. based on its lack of export performance to places like china. >> yeah. when the bundes bank came out and shortly downgraded forecasts, how is the employment picture? if you've got a relatively healthy china and the u.s. consumer bounce back, wouldn't that help germany? >> it certainly would. germany is relatively flat in terms of the e
FOX News
Dec 9, 2012 1:00pm PST
's turn to the global economy. associated press reporting that china has surpassed the u.s. as the leading trade partner. this comes as china announces the inflation rate rose 2% one month alone. sign of an economy gaining strength. what does it mean? brenda buttner, anchor of "bulls and bears." i was reading this article where shoppers in beijing have seen the prices of vegetables double in one week alone. inflation is a problem over there. what is causing it? >> basically it's not a bad problem, it's growth. china has numbers we can only dream of, growth of about 8%, we're below 2%. their factory output was up 10%. retail sales, 15%. so it is basically growth driven not supply side driven which is the kind of inflation you want to see. it's only 2%, that is well below the target of 4% is. it came down from 6.7%. >> gregg: so it's an issue not really a problem and outweighed by the huge growth. how does the inflation american consumers if at all? >> we buy a lot from china. it may be that some of the input may be more expensive. we may have to pay more, but it's more that china is becomin
CNN
Dec 11, 2012 2:00am PST
think the world will look like. it's fascinating. it shows china on the rise, the west in decline and china overtaking the united states in size of economy by the year 2030. here are the key findings of the new intel report. it's interesting reading. a majority of the world's population by 2030 will be out of poverty for the first time in world history. there will be wars over food and water and natural resores. populations will continue to rise and there will be recurring global economic crises but when you think about this, you think about how far we're going here. you've got asia, china in particular will be dominant. it will be stronger than its been anytime since middleages. there will be no more pax americana as its known. china will be a big driver and india will be growing like china is today. they talk about how the world is changing. it's like no other time since the french revolution. remember in the late 18th century, the industrial revolution, except it's happening more quickly. it's taking a tenth of the time for china and asia to rise quickly. let me read to you som
FOX News
Dec 10, 2012 3:00am PST
other. they discovered they were twin sisters separated from birth in china it is against the one of the girls was given up for adoption. they share mannerisms and they were married in the same year. the husband has the same first name. >> steve: and they dress alike. >> gretchen: what a fantastic story. the rest of the headlines ttook over 50 years for the murderer of a 7 year old to b brought to justice. jack mccullah will be sentenced for the murder. it is one of the oldest unsolved crimes. he was dismissed as a suspect but arrested last year after the investigation reopened. >> steve: meanwhile a 22 year old woman in oregon jumped in her car and drove off after two kids tried to rob her at gun point. the boys later to be found 7 and 11 years old. demanded money and her phone. >> i was afraid he would shoot my tires or window. i didn't think i was safe. >> brian: the boys were caught and turns out the gun was not loaded it is not known how they got the gun. they were turned over to their familis and the case is expected to go to jv court. >> brian: two students are accused of b
FOX News
Dec 10, 2012 8:00am PST
for its missile program in china. we know they buy things for their gas centrifuge program in china. some things are made in germany. probably made in the u.s. china has been a major gap in this whole system. on sanctions and north korea could face tougher action from china might constrict some of its ability to buy things that it absolutely needs for its nuclear programs. jon: you think it is likely american-made technology is helping north korea with its missile program? >> could be. i don't know the missile program nearly as well as the nuclear but what north korea does, it uses china a sense as a transshipment point because many companies, high-tech companies from america, from europe, have subsidiaries in china, selling to chinese industries and trading companies. north korea works that system very well to end up with those kinds of high-tech items from outside china. and so while i can't speak specifically on the missile program i certainly can on the nuclear and yes, indeed, north korea buys european high-tech equipment and likely u.s. equipment. so it's a problem. china has been m
CNBC
Dec 12, 2012 9:00am EST
about china electric demand being strong. remember, they make coal machinery, depending upon how much electric demand there is in china, his orders go up. that's why i think people are surprised the stock eel not down big, given his concerns throughout the near term. >> comments, the buybacks continue. >> now, i begin to say, wait a second. one buyback, maybe -- too much coincidence here. you have the news out of joint global. i think people are starting to say this fourth quarter's an inflection point for china. less worried about inflation, more worried about pro-growth. cummins is a uniquely chinese story. so many truck engines go there. let's keep track of this. >> a lot of people say if you've got gdp growing again and inflation as low as it is, that is the sweet spot, that is where you always want to be. >> india came out with global stuff. coal, i know, we're only used to seeing coal phased out in this country. they love coal in china. i don't want to make a judgment on whether that's -- but they are huge coal plant builders there. huge. >> an important one to watch. we'll talk
FOX Business
Dec 10, 2012 7:00pm EST
. china, obvioussy, has plans to fix all of that with a little help from the american taxpayer and, of course, the president. wile we focus on the fiscal cliff negotiations, or more appropriately the impasse, many of our state governments aren't in much better shape. state pension systems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almost $4 trillion. leading is california with more than $370 billion in unfunded pension liabilities, only 47% are currently funded. a pension debt per household in california of almost $30,000. illinois close behind, $167 billion in unfunded liabilities, 28% funded, and the state pension debt per household amounting to over $34,000. in municipal bonds illinois sold over $5 billion in bonds this year making it the third biggest debt issuer in the first three quarters this year. california and new york, numbers one and two with. the issue of unfunded pension liabilities with the passage of right-to-work laws is a subject that i'm going to be taking up with our next guest. -@mallory factor, author of can the bestseller,
FOX News
Dec 11, 2012 3:00am PST
. >> brian: millions of dollars in a green company only to sell it to china? stewart varney with another waste of your money. he's coming up now. ♪ it's my favorite time of year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card when i pay. and i get as much as 15% cash back -- put into my account. this is cash back on top of other rewards i already get. best of all -- it's free. happy holidays. [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? ♪ >> gretchen: if you are just waking up it is 17 minutes past the top of the is it like a fire sale on america interest? china buying up u.s. compani
FOX Business
Dec 27, 2012 9:20am EST
to health care i like it too. appreciate it. does communism pay a? it does for the chinese. 160 of china's 1,000 richest people have a collective network of $220 billion. those 160 people all hold key positions in the communist government. up next. stuart: senator harry reid blames republicans and says we are likely going to fall off of the fiscal cliff. rich edson on capitol hill, have i got the gist of it right? blamed the republicans, it is all your fault. >> that is about it. the senate wants the house republican conference to pass the bill the senate passed a few months ago and house republicans want to pass the bill they passed a few months ago. it is save to say we are basically where we started in this whole thing a few days before the fiscal cliff. dave: it is they fight. flat out political fight. i guess you can expect that as the deadline draws close but it doesn't take us any closer to any kind of deal, does it? >> if anything it takes us further from a deal and the quote from senate majority leader basically said the house of representatives is being operated as a dictatorship f
FOX Business
Dec 7, 2012 9:20am EST
. charles: not yet. stuart: investors are character out on apple losing market share in china and samsung stepping in and fox and friends host as resident tech guru, here is the question, clayton, has apple lost its cool? and also, netflix in trouble with the sec over facebook status, what? find out why after this break. ♪ [ male announcer ] this is karen anjeremiah. they don't kn it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life togeth where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. gethe mercedes-benz on your wi list at the winter event going o w thugh december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month
FOX Business
Dec 14, 2012 9:20am EST
about apple losing its cool in the u.s. it looks like that's true in china. the iphone 5 at a very chilly reception for its beijing launch overtight. so, nicole, i think that apple is down again. >> it is, again, down over this, 3% right now. you're talking the 514 range. aen what happened to the $700 range and that's ubs this morning, they kept their buy rating, but reduced their target from 700 to 780 talking about china being one of the issues and not being able to build there. stuart: and the iphone 5 in beijing, there was a snowstorm, okay, a mild snowstorm, there were only two people in line to get those first iphone 5's in china. that's it. only two people. i think that's got something to do with the apple decline this morning. >> you know what, if you really want something, wild horses and snowstorms won't keep you away. stuart: so, i think we can conclude that maybe apple's losing a little of its shine, a little of its cool. maybe, i don't want to be too pejorative here, just maybe. nicole, thank you, down 10 in the early going. i want to take a look at rim, research in mo
CNN
Dec 12, 2012 4:00am PST
a satellite into orbit. its neighbors are unnerved. even china expressed regret at the move. the obama administration condemned it as a provocative act and will likely ask the u.n. security council to impose crippling sanctions. the pentagon following developments this morning. chris lawrence there. what do you know, chris? >> right now, officials say that object that north korea put into orbit, monitoring it, analyzing it, but they confirm it is in orbit. why is that important? the same technology you would use to put into orbit is the same technology you use to develop long-range ballistic missiles, the u.s. condemned this act. they are worried about the marriage of north korea's nuclear weapons with this long-range missile technology. this is the type of missile that if it was successful, as it appears to be, could reach parts of the united states, alaska, u.s. military bases in hawaii. but a u.s. efficiently i spoke with who used to work on north north korea for the defense department told me, there are still areas in which north korea has not made it as far as they would need to i
CNN
Dec 11, 2012 4:00am PST
rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a trip to a daimler truck factory in redford, michigan. this is what he said. >> this so-called right to work law, they don't have to do with economics, everything to do with politics. what th
CNN
Dec 24, 2012 6:00am PST
of santa's route. he follows every new year's. he just was in russia. now he's over the great wall of china. previous to that, he made his way to australia. you can see him flying past the famed opera house there. so he's delivered all of his presents in australia. all of the presents in russia. all the presents in japan, and also south korea, and, of course, now he's busy in china, on his way, of course, over here to the united states. we'll keep you posted. >>> wreaths across america. it's a program that's become part of the healing process for military families around the holidays. today's giving in focus takes a look at a tree farm in maine that helps turn greece into finding peace. >> i know when chris died, we kept thinking about how we were going to remember him. and we kept thinking that his spirit was moving through the trees every time you saw them moving. i seem to be drawn to maine even though i've never lived here. it's pretty amazing. >> we're in the wreath business and have been since 1971. columbia falls is a little town in coastal washington county. the perfect little count
FOX News
Dec 29, 2012 11:00am PST
in places like china? >> yeah, well, take this robotic device i just-- this is a medical device and under the obamacare law, medical devices will be subject to a tax because they have to pay for obamacare. >> paul: yes. >> this is the sort of thing, if we keep doing will suppress the growth of technology in this country and then again, there's the issue of immigration policies. a lot of this technology driven by engineers who come from asia, silicon valley and has been the result of immigration into the united states. if we don't stand in the front of these things, we can grow. >> paul: dan, thank you. coming up in our second half hour, a look ahead to 2013. is the economy poised for a comeback or high unemployment continues to drag us down. get ready for obamacare, what to know as key provisions kick in. ♪ constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. >> live from america's news headquarters, i'm heather
CNN
Dec 11, 2012 11:00am PST
report suggests china is getting ready to surpass the u.s. economy. >>> plus -- >> this is the place where lisa was buried. >> cnn goes inside the search for da vinci's famous muse. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relati
FOX News
Dec 8, 2012 3:00am PST
it over the last 8 years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents, number 43 ed a $4 trillion by his lonesome so we now have over $9 trillion of debt that we're going to have to pay back. $30,000 for every man, woman and child. that's irresponsible. it's unpatriotic. >> so, unpatriotic. >> the hypocrite in chief says in 2008 that 5 from is unpatriotic but now we're up to $16.4 trillion. that's okay. by the way we move my credit card limits. he doesn't want a debt ceiling going forward. >> debt ceiling no more can congress deal when the president says we're going to raise the debt ceiling. no squabbles back and forth. >> let me get this straight. borrow $4.8 billion a day and now we're coming to the edge ever the fiscal cliff. republicans are saying hey, let's continue the bush tax cuts, let's make this fair for everyone but let's stop spending. we are spending more than we have. democrats are saying now they are saying it doesn't matter, we are not focused on the deficit any
CNN
Nov 30, 2012 6:00pm PST
to care for the baby they adopted from china, and they were hoping to adopt another child, but finances were tight and so on. now of course they can afford to do all this. but they seem very decent, i say ordinary, i don't mean ordinary in any kind of negative way, i just mean regular americans. >> yes. they are very grounded. they have strong bonds with their family. they really enjoy their family. they will definitely take care of their family now. >> let's play a little clip, this is of cindy, who bought the ticket, at the press conference earlier. >> i didn't have my glasses and i was thinking is that the right numbers, is that the right numbers? and i was shaking and i called my husband, i said i think i'm having a heart attack, god blessed us with this. and for some reason, he put it in our hands. i think to make sure that it goes to the right things. and -- but we were blessed before we ever won this. >> how do you guys find out about this, walt? >> since we're pretty familiar in the community, several people in the community started texting us about, oh, 9:00 that morning, and y
CNBC
Dec 11, 2012 6:00am EST
] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to squawk. happy monday. today in the "wall street journal" suggesting netflix could end up doomed with its success with children. netflix just for kids get more popular. companies like viacom get accurate. companies provide netflix with most of its content in a kids' focused section. the journal says at some point the suppliers will probably want to charge netflix more or they might even stop selling to netflix. that's been a huge problem for them when it comes to contend more broadly. >> time for the global markets report. kelly evans standing by in london. you rise above over
CNBC
Dec 11, 2012 1:00pm EST
room to run, more so from palladium and the positive data from china. back to you. >> sharon, thank you very much. breaking news to brian shactman, nfl bounty case. brian. >> nine months after this story broke, paul announced he's vacating all penalties on four players. they are exonerated. the key here is the players were not in favor of tagliabue doing this. spent three years, 50,000 pages of documents indicting players. they exonerated them. two of them might return to play this season. >> thank you very much, brian shactman. >> to nasdaq, bertha coombs following big movers there. we have the advance there as well. >> we do. nasdaq 100 outperforming thanks to apple's recovery. off of the highs of the day. nonetheless it is contributing about a third of the outside impact to the nasdaq 100. facebook will be added tomorrow. watch that going into the close. it will be trading in the nasdaq, emphasis trades over at nyc. yahoo! has a mobile app for mail. today at a four-year high. that stock continues momentum. couple of deal-based stocks, trip adviser with folks at liberty interactive ta
FOX Business
Dec 11, 2012 4:00pm EST
, numbers okayed here, heating up in china. people thought europe was contained, and it feels that way now. people looking past the headlines whether it's the fiscal cliff or europe. i mean, there's a lot of doom day sayers out there, and it makes sense, but it seems like everything right now is contained, and the trade is up to the upside. david: right. liz mentioned the fed decision coming up, should be hearing about it tomorrow. what's the market expecting from the fed? in what way will they be excited or disappointed? >> well, i think the market, if you look at the options market, the flows into the ten year treasuries, it's implying 85 billion per month. the reason i say that is right now, deals, what, 165 #, if that was not the case, yields should be up 180, maybe 183 right now so all the flow right now is pointing to 85 or 90 billion per month. liz: okay. none of us is going to fight the tape here, larry. we'll talk to you in a moment when the s&p futures close, but in the meantime, going to the panel, daifd. david: sam, chief equity strategist, and charles bitterman, trim tabs inve
CNN
Dec 10, 2012 2:00am PST
your report opens up. a tragic tale of a legal immigrant to this country from china, she was brutally attacked by an illegal immigrant from china, and after chen served his prison term, china refused to take him back. what happened? >> immigration officials in texas let him out more than once, and no point did they ever warn ms. wu this is a wider issue in the immigrant question. that's secrecy. they don't tell the public very much unlike the criminal system who they arrest, who they detain, and what happens to them in the case of ms. wu, she thought the man who brutally attacked her was in china and one day, three years later, he walks through her door and shortly after that kills her. >> why is this happening? why do we have no dodknowledge it? >> the immigration system says they are a civil immigration agency, they detain people they treat like criminals whether they have a record or not and they said that they believe that this is a private matter, that they need to protect the immigrants's privacy. so when we request the name of criminals, they said that the public interest in th
FOX Business
Dec 8, 2012 10:00am EST
in decades. more departure of high-tech immigrants from the united states returning home to china. lou: democrats to feed the stamp act, science, technology, engiering, and mathematics. immigrants into this country who deserve it and to we desperately want to have your while we throw open our borders and our airports to people who are, for the most part, the majority of those illegal immigrants are not even high-school educated, lacks skills, like education. my go. and they do so rejecting that law, that bill and prevent it from becoming law because they want to have a lotte. for crying out loud. the absurditiompound themselves. >> in general we have to recognize that the individual entrepreneur with special skills and contributions to american produce all the jobs, and they are the ones who are getting rich, who are punished by any increase in marginal tax rates. the already rich -- lou: what about the young man woman in this country who is not an entrepreneur, is not a big shot, is not in middle management in a big corporation. theyon a break. they won an opportunity. they want to li
CNN
Dec 9, 2012 9:00am PST
to have in the euro zone and the energy needs in china and india and industrialized nations. what do you think is the biggest threat from the outside to the u.s. economy? >> the fiscal cliff. first of all i think there are issues that are beginning to improve and, you know, whether you look at the euro zone which is making progress, gradually, laboriously and certainly improving and with good numbers because if you look at thinge ia because if you look at thinge a greg gat euro zone debt, and you have political stability back now that the new team is in place so the volatility and the instability factors that are outside have reduced. the real threat that we have at the moment is really here with us and that can be addressed. >> but when you look at, i mean i understood that the european banks had sort of downsized or downgraded what they thought would be growth. you've got more than 11% unemployment in the euro zone, which is a good deal higher than here. >> yeah yeah. >> are those things threats to the u.s. economy or do you think the u.s. economy now is destabilizing or has the poten
CNN
Dec 9, 2012 6:00am PST
, those numbers are better. china's numbers have improved lately, and you have political stability back. so the volatility of the instability factors that are outside have reduced overtime. the real threat that we have is here, with us, and that can be addressed. >> but when you look at -- i understand that bangs being downsides our down afraided, you have more than 11% unemployment in the euro zone, which is a good deal higher than here, are those things threats to the u.s. economy, or do you think it is now destabilizing, or has the potential to destabilize the world economy? >> i think because it is relatively closed, it trades with itself and immediate neighbors, is less vulnerable to what happens outside, for instance in europe. but, the consequences would be relatively minor. it is more exposed to it's own difficulties, and it's own issues, than to what happens elsewhere in the world, because it is such a large player. >> so we're our own 5,000 pound gor ri gorilla. >> let me ask you as a final question, january 2nd arrives, no deal, what will we notice first? >> lack of citizen,
CNN
Dec 10, 2012 11:00am PST
deal, it will be one of the largest ever by chinese investors. china's state owned oil giant c-nook swooped in to acquire nexen for a cool $15 billion. note to the obama administration, it is not happening in a bubble. last year you'll recall the obama administration put off a decision on the excel pipeline, an extension of a pipeline that would connect the oil in alberta to the gulf of mexico and international markets. the democrats killed it because of concerns from environmentalists. the proposed route crossed the aquifer in nebraska and white house and state department officials could have just insisted on rerouting the pipe, but they didn't. a bad move, one that was highly thought to play to the president's base. now that the elections are over, a review of a new route will begin sometime next year. the leakages of that pipe were a minor concern, though it got all the headlines. a more legitimate environmental concern is carbon emissions. processing crude that is mined from the oil sands emits double the emissions of regular drilled oil. but oil sands still -- that still s
MSNBC
Dec 10, 2012 11:00am PST
years, it's become more expensive to do business in countries like china. our workers have become more productive. our energy costs are starting to go down here in the united states. and we still have the largest market. so when you factor in everything, it makes sense to invest here. in america. >> we're listening in as president obama addresses workers right outside of detroit at a diamler factory. i want to bring in mark murray again to at least highlight a little bit of what the president discussed. we know, mark, in michigan is there's a labor showdown right now and the president referred to good union workers, i believe that was the phrasing there, but nevertheless, earlier in the day, the administration said the president supports the unions, uaw but there's a showdown and supposed to come to a head tomorrow. >> that's right. governor rick snyder of michigan expected to sign in to law the legislation that would make michigan a right to work state. president obama in his remarks there didn't come out exples sitly against that legislation as the white house has done before but, ta
CNBC
Dec 11, 2012 4:00pm EST
and industrial biosciences and see some progression there. things in china are settling out with the trance in addition that leadership and we see sequentialal improvement there. as we go into '13, we see a very strong story for did you possibility. we see strength in agriculture, nutrition, advanced materials, industrial biosciences. those businesses' earnings will be up in the high teens here year over year. that will be overshadowed by a cyclical business. our performance chemical segments, going to lose six to seven points of margin in 2013 versus 2012, so when you add it all up, we believe next year we'll see low to mid single digit earnings improvement. >> does any of this include expectations about the fiscal cliff? i mean, if we go over the fiscal cliff and don't have a debt deal by year end, what you will to cut jobs? what's the impact on dupont if we don't get a resolution in time in. >> it's hard to predict because it's hard to know. i do think if there's an issue and we don't avert a cliff i think we as a country will react quickly. i criit will have an impact. i along with many
FOX News
Dec 11, 2012 6:00pm PST
, what do you think? >> i can understand why companies are sending their manufacturing to china if this is the sort of workers they are getting. do these people have families? the man, you are blooping them out. i have watched the video several times. >> and watch the tent in the background. >> i know, and he uses the f worked over and over. does he have a wife or daughter or any relatives or neighbors that are watching him behave this way? the cold-cocking. >> and boom. >> shocking. most the times he's holding his hands up to show he's peaceful. this is the left this america and unfortunately a lot of michigan has become that way, why is why most of the michigan anders you meet, you meet after they leave the state. because if there is ever going to be a change, if michigan will be saved and not become worse than greece, it will be because of the governor snider and the republicans. >> and the president went there jed and a made his public comments. these are his supporters. >> oh, yes. >> he appeals to the union workers. >> well, beyond him not condemning it, why is he supporti
MSNBC
Dec 12, 2012 11:00am PST
and others have theirs and we will come to an agreement. >> china is an ally and expressed regret over the launch. we report that north korea may have up to a few dozen nuclear weapons that could be fitted on top of ballistic missiles. just in the past hour, police in oregon gave us an update on the mall shooting that left three people dead. we are learning the identity of the shooter. plus as the administration deals with the new laws legalizing marijuana in washington and colorado, former president jimmy carter weighs in on legalizing pot. >> i'm in favor of it. i think it's okay. >> that by the way is one of the things we thought you should know. [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15, seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm actually looking at the wood grilled chicken with portobello wine sauce. that pork chop was great! no more fast food friday's! we're going to go to red lobs
FOX News
Dec 12, 2012 2:00pm PST
through decades of tough economic conditions. competition from china, india and brazil and 12 million americans willing to work for less slashed the union membership. organized later on the brink of collapse and the pressure is getting to them. what was a membership of hardworking men and women and big labor degenerated to band of anarchist thugs. peaceful protest given way to mob violence, vocal dissent turned to revenge. property destruction and violent assault. bob, you a bird's eye seat to. this got to be tough to come to term with the end of the movement. >> bob: you as delusional as you have ever been. the idea the labor move element go away because you wrote that crap is ridiculous. the fact of the matter is very few indense of violence yesterday. 13,000 people. and three or four people got in the hiddal of it. >> eric: why should there be any? >> bob: because you had people attacking the people. you have a tent that was there -- >> eric: you would -- [ overtalk ] >> bob: got us in trouble. got me in trouble. >> eric: this is america. peaceful protest is fine. we start to lay h
FOX News
Dec 12, 2012 3:00am PST
then? >> what are you going to do? you need another source of income. >> steve: call china! >> can we borrow more? you're already going to raise the medicare tax to help pay for obamacare. you're already raising the tax on some drugs to pay for it. what are you going to do now? if you don't get the medical device tax through, and you don't get the $29 billion, what are you going to do? you're right, steve. call china, let's borrow more. >> steve: so many people are fixated on the fiscal cliff and the president wants to jack up taxes on people who are successful. up to maybe about 40%. that's one of the theories out there. he'd love 40%. but a lot of people forget about the medical device tax, plus all the obamacare taxes already baked into the equation. >> it's a tax here, a tax there, a fee there, a fee here, everything goes up. medical care gets more expensive. not less expensive. >> steve: he talks about money. he talks about politics. he talks about all sorts of stuff on fox business, 9:20 eastern time. the great stuart varney, thanks for dropping by. >> thank you. >> steve: all r
MSNBC
Dec 10, 2012 10:00pm PST
way if nothing changed. we also have china that is slowing down. globally and also domestically there is not enough demand to keep the economy going and i would say the worst scenario of all -- i don't think it's going to happen, but probably by march we're going to see some real problems in the economy if nothing happens. ou and i agreee do go off the cliff, so to speak, on january 1st, that the negotiations to fix this problem would begin somewhere around january 2nd? >> probably the 8:00 a.m. the morning of january 2nd. they are going on right now. >> yes. >> there is probably a slightly better than 50/50 chance that there will be a deal before december 18th. assuming that we're close to a deal, i think it's going to happen right away and the democrats are going to be preparing legislation and it's going to be introduced right away, january 2nd, to make a middle class tax cut retroactive to january 1st. >> yes. exactly. and i think one of the striking things that we're not hearing right now are a stand your ground republicans in the house or in the senate. we're hearing a lot
FOX News
Dec 13, 2012 8:00pm PST
interesting situation here. >> that's like jeffrey saying kind oft praising china recently because they can make some good business decisions for themselves, so the whole system might be somewhat admirable. they're always joking when they say something outrageous. i think they're revealing in many ways what they really think. it wasn't too many years ago, bill, that you and i were talking abouter harry's comments about condoleeza rice and even colin powell where they live in the house ofen the master. >> bill: right. >> he wasn't joking then. you know, he maybe overstated a little bit for him. >> bill: look. nobody cares about harry anyway. >> that song is in my head. you're ruining the christmas season, the banana boat song. >> bill: i like that song. >> would you sing it for us? >> i used him not because he has credibility and that he's somebody that people listen to. but to give you an example of what is being said in the salons, at the huffington post. there arese people going you knw what? if you oppose president obama now anden you oppose the secular progressive agenda, we're going to
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